Why do I need to sign a credit agreement?
Your credit agreement sets out the details of your Running Account Credit Agreement with us. The credit agreement is regulated by the Consumer Credit Act 1974 and enables you to spread the cost of your insurance premium over monthly repayments.
It’s important that you read your credit agreement, along with the other information enclosed in your welcome letter/email. To go ahead with finance, you’ll need to sign a copy of the credit agreement and return it to us.
If you don’t sign and return your agreement, you may not receive finance from Close Brothers Premium finance and you may need to find another way to pay for your insurance policy.